Green taxonomy: Member states set collision course with MEPs

Negotiations over the EU sustainable investment criteria are set to involve a confrontation over the status of nuclear energy, after member states agreed their position on the ‘taxonomy regulation'

Negotiations over the EU sustainable investment criteria are set to involve a confrontation over the status of nuclear energy, after member states agreed their position on the proposed ‘taxonomy regulation’.

National diplomats on Wednesday signed off on a compromise text proposed by the Finnish presidency of the EU Council that included “climate-neutral energy” - such as nuclear power - as one of the economic activities to be classified as sustainable under the new regulation, which is meant to steer investors towards funding green projects. 

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